Rabat Real Estate Market: Mixed Trends in Apartment, Villa, and House Prices
In order to allow real estate investors to get an idea of the prices, Bank Al Maghrib (BAM), in collaboration with the National Agency for Land Conservation, Cadastre and Mapping, publishes the Real Estate Asset Price Index (IPAI) every quarter. What are the overall trends in the real estate market in the city of Rabat?
In the capital, a slight drop of 1.1% in apartment prices is noted, while transactions have fallen sharply by 10.9%.
On the villa side, it should be noted that prices have fallen by 5.2% in the capital while transactions have increased significantly by 10.8%.
For their part, house prices have increased by 3.9%. This same upward trend is strongly expressed on the transaction side, which has increased by 27.3%.
Regarding the segment related to urban land, a price increase of 3.1% is observed while transactions have fallen significantly, reaching 12.9%.
For commercial premises, a notable drop of 10.5% is reported while, at the same time, transactions have plummeted by 34%, according to the IPAI, for the second quarter of the year.
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